Category Archives: PERSONAL FINANCES

Singles and Money: Flying Solo Financially

“In 1950, only 22 percent of American adults were single. Today, more than 50 percent of American adults are single, and 31 million—roughly one out of every seven adults—live alone.” -book description for Eric Klinenberg’s Going Solo Has Single Become … Continue reading

Posted in ECONOMIC TRENDS, FINANCE TIPS, ORGANIZING YOUR FINANCES, PERSONAL FINANCES, RETIREMENT PLANNING, SAVING MONEY | Tagged , , , , | Leave a comment

Too Old for Life Insurance? The Surprising Truth about Seniors and Life Insurance

 “Old age isn’t so bad when you consider the alternative.” – Maurice Chevalier Recently, a Partners4Prosperity reader asked, “How well do ‘income for life’ type programs work for people within 5 years of retirement? Are these programs more for younger … Continue reading

Posted in INSURANCE ADVICE, INSURANCE AS AN ASSET, LIFE SETTLEMENTS, PERSONAL FINANCES, WHOLE LIFE INSURANCE, WILLS and ESTATE PLANNING | Tagged , , , , | 3 Comments

The Collapse of the US Economy in 2013? (Or, seeking an investment strategy for the end of the world)

“If things go wrong, don’t go with them.” ~Roger Babson Should we prepare for an economic collapse or toast the recovery? While the stock market hits record highs and the jobs report is the best in years, observers are split … Continue reading

Posted in ECONOMIC TRENDS, INVESTING ADVICE, PERSONAL FINANCES, WEALTH-BUILDING | Tagged , , , , , | Leave a comment

Borrowing Against Life Insurance: The Pros and Cons

“A bank is a place that will lend you money if you can prove that you don’t need it.”  Bob Hope Two weeks ago we asked the question, “Should you borrow against your life insurance policy?” Today, we continue the … Continue reading

Posted in INSURANCE ADVICE, INSURANCE AS AN ASSET, PERSONAL FINANCES, WHOLE LIFE INSURANCE | Tagged , , , , | Leave a comment

Should You Borrow Against Your Life Insurance Policy?

“Most people do not become rich because they fear the power of leverage.” -Robert Kiyosaki One of the advantages of a Whole Life Insurance policy is the ability to borrow against your cash value, though the concept is widely misunderstood, … Continue reading

Posted in INSURANCE ADVICE, INSURANCE AS AN ASSET, PERSONAL FINANCES, WHOLE LIFE INSURANCE | Tagged , , , , , | Leave a comment

Suitability vs. Fiduciary Standard: Who Should Give Financial Advice?

Real integrity is doing the right thing, knowing that nobody’s going to know whether you did it or not. -Oprah Winfrey Last week, our blog post was about common Money Mistakes that even smart people make. This week we would like … Continue reading

Posted in INSURANCE ADVICE, INVESTING ADVICE, PERSONAL FINANCES | Tagged , , | 1 Comment

Money Mistakes: Five Foolish Financial Moves that Even Smart People Make

“Wise men learn by other men’s mistakes.” -Proverb We thought April Fools week is a good time to look at the “foolish” things we do with our money – and how to avoid financial mistakes! Here are ten mistakes that … Continue reading

Posted in COLLEGE PLANNING, GUIDE TO FINANCIAL PEACE, INVESTING ADVICE, PERSONAL FINANCES, RETIREMENT PLANNING, WEALTH-BUILDING | Tagged , , , , | Leave a comment